Centralized exchange (CEX) spot trading volumes have dropped to lows not observed since October 2020, indicating a significant market shift. Investors prefer to hold onto their assets instead of trading, contributing to the low activity.
Investor sentiment is turning bearish, as highlighted by analysts observing risk aversion. Increased adoption of decentralized exchanges is noted, capturing a larger share of trading volume amid concerns over volatility influenced by prominent figures in the tech world.
Leave a Reply